What’s the Point of Going to College? People go to college mainly for financial benefits, but there are other things to benefit from as well. There are lifestyle, financial, and even health coverage benefits gained by earning a college degree. A college education has more value than just a high-paying job. First off, one of the main reasons that people go to college is for the financial benefits. According to a study done by the U.S. Bureau of Labor Statistics (BLS), workers with a bachelor’s degree earned about $415 more a week than those whose highest level of education was a high school diploma. The unemployment rate for those with a bachelor’s was around half of what it was for the workers with only a GED. Workers with a professional degree earned $612 more a week than those with a bachelor’s and $1,000 more per week than those who had a GED as their highest level of education. At 2.4%, the unemployment rate for workers with a professional degree was the lowest of any education level. According to another study done by the BLS in 2010, the median weekly earnings for someone with no degree, but some college were $712, compared to $1,038 for a college graduate. In 2010, the unemployment rate was 9.2% for those with …show more content…
Studies have shown that going to college can lower your rate of obesity. College graduates are a lot more likely to be insured by health care companies. Studies have shown that college graduates are more likely to receive employer-provided benefits than those without a college degree. A 2008 report by College Board showed that roughly 70% of individuals with a four-year degree received health insurance from their employer, while less than 50% of employees with a GED received the same benefit. College grads are typically able to find jobs with better benefits. They can also get better retirement matching, health saving accounts, tuition reimbursement, and free
Opportunities that come with a college degree are extremely beneficial to students because it will help them to be able to live in that type of life style, as stated by the author. Leonhardt adds on that the wage gap between people who have earned a 4 year college
In the next section, the authors discuss non-monetary benefits of attending college.
Not everyone who graduates college will obtain a significantly higher paying job. Though it is nice to think that way, it is not the reality. Most students will end up making a small amount more than, an employee with a high school diploma. The topic continues to complicate itself with the point Tiffany Hsu made. She states how employers require a college degree.
They can also provide for their families and have the things they want. ( “ EBSCOhost”). Thus shows because you go to college and spend the money doesn’t mean you’ll necessarily graduate when you should or even graduate at all. Some simply get tired or decide they don’t feel it’s worth it
To begin with, going to college can help people gain greater wealth. In the article, “Five Ways Ed Pays,” its stated that “you can earn up to 22,000 more per year” (“Five Ways Ed Pays”). High school graduates will have a much harder time finding high paying jobs without a
There is an ample amount of information that leads people to believe that college is a great choice. In Source F, it is shown that, “Adults who graduated from a four-year college believe that, on average, they are earning $20,000 more a year as a result of having gotten that degree. Adults who did not attend college believe that, on average they are earning $20,000 a year less as a result.” Also, provided in Source F, “...55% say it [college] was very useful in helping them prepare for a job or career.” While these statistics are true, the negatives still outweigh the positives.
According to Andrew J. Rotherham’s article “Actually, College Is Very Much Worth it. ”he states, “Meanwhile, in 2010, the unemployment rate was 9.2 percent for those with only some college and more than 10 percent for those with just a high school degree, but it was 5.4 percent for college graduates.” The data Rotherham provides shows that even with some college education, you have a higher chance of getting employed than those with just a high school degree. The one group that outweighs all the others is the college graduates proving that with a college degree unemployment is less likely to befriend people who do pursue college. Some people might say that there are loads of jobs that do not require a college degree, especially in this time and age.
, “Experts that have researched the performance and job success of college graduates have concluded that, nationwide, college graduates with a bachelor's degree earn 74 percent more per year than those who only complete high school.” This seems very logical when you look at the big picture, having furthered your education will open you up to more jobs that that require more education that will most likely pay more. The University of North Texas in their article “Why Go to College?” shows a graph from The U.S. Census Bureau that shows a professional degree could earn you around 4.4 million dollars compared to less than a high school diploma could earn you around 1 million dollars for a whole worklife. Seeing
Why do I want to attend college? College is an honorary achievement and it separates the determined from the undetermined. Owning a college to degree is an honor and an ecstatic feeling. Through college, that job is that much closer in the grasp. Through college, a person can perform at an elite level and really push themselves for greatness.
The first thing that they might bring up is that college education makes more money which in return can pay off your student loans as said, “While the income for those with a bachelor 's degree was $65,482, and $92,525 for those with advanced degrees.  The median income for families headed by a bachelor 's degree holder was $100,096 in 2011.” (college-education) The next point they might bring up is that more and more jobs are requiring people to have some sort of college degree as said here, “According to a June 2016 study, 99% of job growth (or 11.5 million of 11.6 million jobs) between 2010 and 2016 went to workers with associate 's degrees, bachelor 's degrees or graduate degrees.  Based on economy and job projections calculated by Georgetown University, in 2018, approximately 63% of jobs will require some college education or a degree.
Firstly, it has been proven that employee’s with a college level education will have better wealth compared to a high school graduate. “Workers with a bachelor’s degree earn about $415 more a week than workers whose highest level of education is a high school diploma.” (“New School, Old Story”) Adding onto that “$22,000 more on average per year, compared to high school graduates.” (“5 Ways Ed Pays”)
As a High School Junior looking at jaw dropping tuition prices, my family and I often ask ourselves a question I’m sure many other American households are challenged with: Is a college degree actually worth it? Once you look past the recent unemployment rate for college grads, you’ll find that a college degree proves to be highly beneficial once placed in a career. Degree holders often enjoy benefits such as higher pay, higher-skilled work, and an intellectual advantage over their coworkers that do not have a degree. These benefits often outweigh the seemingly outrageous cost of college, making the price tag more than worth it.
The more money made the better opportunity there is to support ourselves. People with a college degree typically make more money than someone with just a high school diploma. Data shows “The gap in annual earnings between young high school graduates and bachelor’s